What changed in this filing

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Item 1. Financial Statements

2024-05-20 compared with 2023-11-13 · 143 added, 236 removed, 452 unchanged (46% of the section changed)

2 unchanged sentences

CONSOLIDATED BALANCE SHEETS

September 30,

December 31, *

Current Assets

Cash and cash equivalents

Accounts receivable, net of allowance for credit losses of $ 168,300

Accounts receivable, net of allowance for credit losses of $ 24,200 and $ 24,200 , respectively

Contract assets

11 unchanged sentences

Deferred revenue

Customer deposits

Short term notes

17 unchanged sentences

70,000,000 shares authorized;

65,088,575 shares issued, issuable* and outstanding September 30,

2023 and December 31, 2022

65,088,575 shares issued, issuable* and

outstanding December 31, 2023 and December 31, 2022

Common stock issuable

14 unchanged sentences

TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT

from audited information

2,785,000 shares issuable as of September 30, 2023, and December 31, 2022, per terms of note agreements.

* These numbers are derived from the audited financial statements for the year ended December

** Includes 2,785,000

shares issuable at March 31, 2024 and December 31, 2023, per terms of note agreements.

accompanying notes are an integral part of these consolidated financial statements.

1 unchanged sentence

CONSOLIDATED STATEMENTS OF OPERATIONS

For the Three Months Ended September 30,

For the Nine Months Ended September 30,

For the Three Months Ended March 31,

Total revenue

1 unchanged sentence

Products costs

Solid waste costs

General and administrative expenses

2 unchanged sentences

Loss from operations

( 1,197,700 )

Other income (expense):

Interest expense

Gain on debt extinguishment

Other income (expense)

1 unchanged sentence

Loss from continuing operations

( 1,831,600 )

( 1,289,200 )

Income (loss) from discontinued operations, net of tax

( 1,671,700 )

( 1,542,300 )

Net income (loss) attributable to non-controlling interest

2 unchanged sentences

$ ( 779,400 )

$ ( 1,670,200 )

$ ( 1,509,300 )

Basic earnings per share attributable to SEER common stockholders

Loss from continuing operations, per share

Income from discontinued operations, per share

Income (loss) from discontinued operations, per share

Net Loss per share, basic

1 unchanged sentence

Loss from continuing operations, per share

Income from discontinued operations, per share

Income (loss) from discontinued operations, per share

Net Loss per share, basic

1 unchanged sentence

Weighted average shares outstanding – diluted

less than $0.01

accompanying notes are an integral part of these consolidated financial statements.

3 unchanged sentences

Stock Subscription

Non-controller

Total Stockholders’

8 unchanged sentences

( 13,641,600 )

Net income (loss)

Balances at June 30, 2023

( 33,223,200 )

( 1,941,100 )

( 12,125,400 )

Net income (loss)

Balances at September 30, 2023

$ ( 33,675,300 )

$ ( 1,943,300 )

$ ( 12,579,700 )

Preferred Stock

Stock Subscription

Stockholders’

Non-controller

Total Stockholders’

Balances at December 31, 2022

2 unchanged sentences

( 10,908,000 )

Net income (loss)

Balances at March 31, 2022

( 32,005,100 )

2 unchanged sentences

Net income (loss)

Balances at June 30, 2022

( 30,274,500 )

( 1,892,900 )

( 9,128,500 )

( 30,274,500 )

( 1,892,900 )

( 9,128,500 )

Net income (loss)

Balances at September 30, 2022

Balances at March 31, 2023

( 32,784,500 )

7 unchanged sentences

CONSOLIDATED STATEMENT OF CASH FLOWS

For the Nine Months Ended September 30,

For the Three Months Ended March 31,

Cash flows from operating activities:

3 unchanged sentences

Loss from discontinued operations

( 1,671,700 )

( 1,542,300 )

Adjustments to reconcile net loss to net cash provided by operating activities:

Depreciation and amortization

Gain on sale of assets held for sale

Gain on debt distinguishment

Gain on sale of fixed assets

Changes in operating assets and liabilities:

9 unchanged sentences

Purchase of property and equipment

Proceeds from the sale of assets held for sale

Proceeds from the sale of fixed assets held for sale

Net cash (used) provided by investing activities

Cash flows from financing activities:

Payments of notes and capital lease obligations

Payments of notes

Proceeds from short-term and long-term debt

Net cash provided by financing activities

Effect of exchange rate changes on cash

Net increase (decrease) in cash

3 unchanged sentences

Cash paid for interest

Investment in PSMW

Financing of prepaid insurance premiums

Non-cash repayment of debt

Non-cash repayment of debt - PPP Loan

Non-cash payment of interest

accompanying notes are an integral part of these consolidated financial statements.

8 unchanged sentences

oil and gas, refining, landfill, food, beverage & agriculture, and renewable fuel industries.

The two wholly owned subsidiaries include:

1) MV, LLC (d/b/a MV Technologies) (“MV”), designs and builds biogas conditioning solutions for the production of renewable

The two wholly owned subsidiaries are:

1) MV, LLC (d/b/a MV Technologies) (“MV”), which designs and builds biogas conditioning solutions for the production of renewable

natural gas, odor control systems and natural gas vapor capture primarily for landfill operations, waste-water treatment facilities,

oil and gas fields, refineries, municipalities and food, beverage & agriculture operations throughout the U.S.;

2) Strategic Environmental

Materials, LLC, (“SEM”), is a materials technology company focused on development of cost-effective chemical absorbents.

SEM was discontinued in 2023 due to its products not meeting customer requirements.

three majority-owned subsidiaries are 1) Paragon Waste Solutions, LLC (“PWS”), 2) PelleChar, LLC (“PelleChar”),

and 3) Benefuels, LLC (“Benefuels”).

PWS is currently owned 54 % by SEER, PelleChar is owned 51 % by SEER, and Benefuels is

owned 85 % by SEER.

Benefuels, focuses specifically on treating biogas for conversion to pipeline quality gas and/or compressed natural

gas (“CNG”) for fleet vehicle fuel.

and 2) Strategic

Environmental Materials, LLC, (“SEM”), a materials technology company focused on development of cost-effective chemical absorbents,

whose operations were discontinued during the year ended December 31, 2023.

(See Note 15)

two majority-owned subsidiaries are 1) Paragon Waste Solutions, LLC (“PWS”), and 2) PelleChar, LLC (“PelleChar”).

PWS is currently owned 54 % by SEER, and PelleChar is owned 51 % by SEER.

developed specific opportunities to deploy and commercialize patented technologies for a non-thermal plasma-assisted oxidation process

that makes possible the clean and efficient destruction of solid hazardous chemical and biological waste ( i.e ., regulated medical

waste, chemicals, pharmaceuticals, and refinery tank waste, etc .) without landfilling or traditional incineration and without

harmful emissions.

Additionally, this technology “cleans” and conditions emissions and gaseous waste streams ( i.e .,

volatile organic compounds and other greenhouse gases) generated from diverse sources such as refineries, oil fields, and many others.

In July 2022, the Company exchanged its patents and related technology, to its joint venture, Paragon Southwest Medical Waste (“PSMW”),

waste, chemicals, pharmaceuticals and refinery tank waste, etc .) without landfilling or traditional incineration and without harmful

Additionally, this technology “cleans” and conditions emissions and gaseous waste streams ( i.e ., volatile

organic compounds and other greenhouse gases) generated from diverse sources such as refineries, oil fields, and many others.

2022, the Company exchanged its patents and related technology, to its joint venture, Paragon Southwest Medical Waste (“PSMW”),

in exchange for units in PSMW.

The Company exchanged its interest in PSMW for 2% of Amlon Holdings in June 2023 when PSMW was acquired

by Amlon Holdings.

was established in September 2018 and is owned 51 % by SEER.

12 unchanged sentences

the equity method.

shown in the accompanying consolidated financial statements, the Company has experienced recurring losses, and has accumulated a deficit

of approximately $ 33.7 million as of September 30, 2023, and $ 32.0 million as of December 31, 2022.

For the nine months ended September

30, 2023, the Company incurred a net loss of approximately $ 1.7 million and for the nine months ended September 30, 2022, the Company

incurred a net loss of approximately $ 1.5 million.

The Company had a working capital deficit of approximately $ 11.0 million as of September

30, 2023, and a working capital deficit of $ 9.4 million as of December 31, 2022.

These factors raise substantial doubt about the ability

of the Company to continue to operate as a going concern.

of a major portion of the Company’s assets as of September 30, 2023, is dependent upon continued operations.

shown in the accompanying consolidated financial statements, the Company has experienced recurring losses, and has an accumulated deficit

of approximately $ 34.7 million as of March 31, 2024, and for the three months ended March 31, 2024, we incurred a net loss from continuing

operations of approximately $ 0.4 million.

As of March 31, 2024, our current liabilities exceeded our current assets by approximately

$ 11.9 million.

These factors raise substantial doubt about the ability of the Company to continue to operate as a going concern.

of a major portion of the Company’s assets as of March 31, 2024, is dependent upon continued operations.

The Company is dependent

on generating additional revenue or obtaining adequate capital to fund operating losses until it becomes profitable.

For the nine months

ended September 30, 2023, the Company raised approximately $ 0.9 million from the issuance of short-term and long-term debt, for a net

cash provided by financing activities of approximately $ 0.6 million.

In addition, the Company has undertaken a number of specific steps

to continue to operate as a going concern.

The Company continues to focus on developing organic growth in our operating companies and

improving gross and net margins through increased attention to pricing, aggressive cost management and overhead reductions, including

discontinuing SEM, a line of business with historically insufficient margins.

The Company has limited common shares available for issue

which may limit the ability to raise capital or settle debt through issuance of shares.

The Company has increased business development

efforts to address opportunities identified in expanding markets attributable to increased interest in energy conservation and emission

control regulations.

In addition, the Company is evaluating various forms of financing which may be available to it.

There can be no

assurance that the Company will secure additional financing for working capital, increase revenues and achieve the desired result of

net income and positive cash flow from operations in future years.

These financial statements do not give any effect to any adjustments

that would be necessary should the Company be unable to report on a going concern basis.

For the three months

ended March 31, 2024, the Company raised approximately $ 0.2 million from the issuance of short-term and long-term debt, offset by payments

of principal on short term notes of $ 17,100 , for a net cash provided by financing activities of approximately $ 0.2 million.

the Company has undertaken a number of specific steps to continue to operate as a going concern.

The Company continues to focus on developing

organic growth in our operating companies and improving gross and net margins through increased attention to pricing, aggressive cost

management and overhead reductions.

Critical to achieving profitability will be the ability to license and or sell, permit and operate

though the Company’s joint ventures.

The Company has increased business development efforts to address opportunities identified

in expanding markets attributable to increased interest in energy conservation and emission control regulations.

In addition, the Company

is evaluating various forms of financing which may be available to it.

There can be no assurance that the Company will secure additional

financing for working capital, increase revenues and achieve the desired result of net income and positive cash flow from operations

in future years.

These financial statements do not give any effect to any adjustments that would be necessary should the Company be unable

to report on a going concern basis.

of Presentation Unaudited Interim Financial Information

56 unchanged sentences

R&D expenses were

$ 0 for both the nine months ended September 30, 2023, and 2022.

$ 0 for both the three months ended March 31, 2024, and 2023.

are stated at the lower of cost or net realizable value on a first in, first out basis and includes the following amounts:

September 30, 2023

December 31, 2022

SCHEDULE OF INVENTORY

Finished goods

Inventory, net

Total inventory

Company accounts for income taxes pursuant to Accounting Standards Codification (“ASC”) 740, Income Taxes, which

7 unchanged sentences

to be recognized.

During the nine months ended September 30, 2023, and 2022 the Company recognized no adjustments for uncertain tax positions.

During the three months ended March 31, 2024, and 2023 the Company recognized no adjustments for uncertain tax positions.

Company recognizes interest and penalties related to uncertain tax positions in income tax expense.

No interest and penalties related

to uncertain tax positions were recognized as of September 30, 2023, and 2022.

The Company expects no material changes to unrecognized

tax positions within the next twelve months.

to uncertain tax positions were recognized as of March 31, 2024, and 2023.

The Company expects no material changes to unrecognized tax

positions within the next twelve months.

Company has filed federal and state tax returns through December 31, 2022.

27 unchanged sentences

of Revenue (Unaudited)

OF DISAGGREGATION OF REVENUE

Environmental Solutions

Three months ended September 30, 2023

Environmental Solutions

Sources of Revenue

Product sales

Total Revenue

Environmental Solutions

Three months ended September 30, 2022

Environmental Solutions

Sources of Revenue

Product sales

Management fees

Total Revenue

Environmental Solutions

Nine months ended September 30, 2023

SCHEDULE OF DISAGGREGATION OF REVENUE

Three months ended March 31, 2024

Environmental Solutions

2 unchanged sentences

Total Revenue

Environmental Solutions

Nine months ended September 30, 2022

Three months ended March 31, 2023

Environmental Solutions

1 unchanged sentence

Product sales

Management fees

Total Revenue

3 unchanged sentences

opening and closing balances of the Company’s accounts receivables and contract liabilities (current and non-current) are as follows:

OF CONTRACT BALANCES

SCHEDULE OF CONTRACT BALANCES

Contract Liabilities

Accounts Receivable,

Accounts Receivable, net

Contract Assets

Contract Liabilities

Deferred Revenue

1 unchanged sentence

(non-current)

Balance as of September 30, 2023 (unaudited)

Balance as of March 31, 2024 (unaudited)

Balance as of December 31, 2023 *

1 unchanged sentence

$ ( 262,500 )

$ ( 121,400 )

majority of the Company’s revenue is generally invoiced on a weekly or monthly basis, and the payments are generally received within

3 unchanged sentences

Performance Obligations

of September 30, 2023, the aggregate amount of the transaction price allocated to the remaining performance obligations was approximately

of March 31, 2024, the aggregate amount of the transaction price allocated to the remaining performance obligations was approximately

$ 0.9 million, of which the Company expects to recognize approximately 85 % of this revenue over the next 12 months.

4 unchanged sentences

SCHEDULE OF PROPERTY PLANT AND EQUIPMENT

September 30, 2023

December 31, 2022

Field and shop equipment

Waste destruction equipment, placed in service

Furniture and office equipment

Leasehold improvements

Building and improvements

Property and equipment, gross

1 unchanged sentence

Property and equipment, net

Classified as assets held for sale

Assets fair value disclosure

expense for the three months ended September 30, 2023, and 2022 was $ 4,900 and $ 13,100 , respectively.

For the three months ended September

30, 2023, and 2022, depreciation expense included in cost of goods sold was $ 4,900 and $ 12,100 , respectively.

For the three months ended

September 30, 2023, and 2022, depreciation expense included in selling, general and administrative expenses was $ 0 and $ 1,000 , respectively.

expense for the nine months ended September 30, 2023, and 2022 was $ 14,700 and $ 61,100 , respectively.

For the nine months ended September

expense for the three months ended March 31, 2024, and 2023 was $ 2,900 and $ 4,900 , respectively.

For the three months ended March 31,

2024, and 2023, depreciation expense included in cost of goods sold was $ 2,000 and $ 4,900 , respectively.

For the nine months ended

September 30, 2023, and 2022, depreciation expense included in selling, general and administrative expenses was $ 0 and $ 10,800 , respectively.

For the three months ended March

31, 2024, and 2023, depreciation expense included in selling, general and administrative expenses was $ 900 and $ 0 , respectively.

5 – INTANGIBLE ASSETS

SCHEDULE OF INTANGIBLE ASSETS

September 30, 2023

31, 2024 (unaudited)

Gross carrying amount

7 unchanged sentences

Net carrying value

$ ( 277,800 )

Customer list

$ ( 763,500 )

$ ( 319,700 )

estimated useful lives of the intangible assets range from seven to twenty years .

Amortization expense was $ 700 and $ 700 for the three

months ended September 30, 2023, and 2022, respectively.

Amortization expense was $ 2,100 and $ 15,500 for the nine months ended September

30, 2023, and 2022, respectively.

months ended March 31, 2024, and 2023, respectively.

Company has entered into operating leases primarily for real estate.

4 unchanged sentences

These operating leases are included in “Right

of use assets” on the Company’s September 30, 2023, Consolidated Balance Sheets and represent the Company’s right to

use the underlying asset for the lease term.

of use assets” on the Company’s March 31, 2024, Consolidated Balance Sheets and represent the Company’s right to use

the underlying asset for the lease term.

The Company’s obligation to make lease payments are included in “Current portion

of lease liabilities” and “Lease liabilities net of current portion” on the Company’s September 30, 2023, Consolidated

of lease liabilities” and “Lease liabilities net of current portion” on the Company’s March 31, 2024, Consolidated

Balance Sheets.

As of September 30, 2023, total right-of-use assets and operating lease liabilities were approximately $ 206,500 and $ 234,400 ,

As of March 31, 2024, total right-of-use assets and operating lease liabilities were approximately $ 175,700 and $ 200,600 ,

respectively.

All operating lease expense is recognized on a straight-line basis over the lease term.

In the nine months ended September

In the three months ended March

31, 2024, the Company recognized approximately $ 20,900 in operating lease costs for right-of-use assets.

5 unchanged sentences

SCHEDULE OF RIGHT-OF-USE-ASSETS AND RELATED LEASE LIABILITIES

For the Nine Months Ended September 30,

Three Months Ended March 31,

Cash paid for operating lease liabilities

1 unchanged sentence

Weighted-average discount rate

of lease liabilities as of September 30, 2023 were as follows:

SCHEDULE OF MATURITIES OF LEASE LIABILITIES

Maturities of lease liabilities as of March 31, 2024 were as follows:

Total operating lease

4 unchanged sentences

SCHEDULE OF ACCRUED LIABILITIES

September 30,

Accrued compensation and related taxes

6 unchanged sentences

SCHEDULE OF UNCOMPLETED CONTRACTS

September 30,

Revenue recognized

8 unchanged sentences

Waste Solutions LLC

its inception through September 30, 2023, the Company has provided approximately $ 6.4 million in funding to PWS for working capital and

the further development and construction of various prototypes and commercial waste destruction units.

its inception through March 31, 2024, the Company has provided approximately $ 6.4 million in funding to PWS for working capital and the

further development and construction of various prototypes and commercial waste destruction units.

No members of PWS have made capital

9 unchanged sentences

license and royalty agreement, and the management agreement between PWS and PSMW.

June 30, 2023, the Company exchanged its interest in PSMW in exchange for a 2 %

interest in Amlon Holdings when PSWM was acquired by Amlon Holdings.

as of September 30, 2023 (Unaudited), and December 31, 2022, was comprised of the following:

June 30, 2023, the Company exchanged its interest in PSMW in exchange for a 2 % interest in Amlon Holdings when PSWM was acquired by Amlon

as of March 31, 2024 (Unaudited), and December 31, 2023*, was comprised of the following:

SCHEDULE OF DEBT

7 unchanged sentences

Long term debt to current

Amortization of debt discount

Balance September 30, 2023

Balance March 31, 2024

$ 4,453,000 (2)

$ 1,841,500 (3)

Secured note payable of $ 350,000 , secured by certain real estate and equity, dated January 20, 2023, interest at an annual rate of

8.0 % simple interest and matures on October 18, 2023 .

For the nine months ended September 30, 2023, the Company recorded interest

expense of $ 19,400 .

There was $ 19,400 accrued and unpaid interest as of September 30, 2023.

B) A secured note payable of $ 300,000 ,

secured by real estate and equity in subsidiaries dated March 10, 2023, interest at an annual rate of 8 % simple interest and matures

on December 10, 2023 .

For the nine months ended September 30, 2023, the Company recorded interest expense of $ 13,400 .

There was $ 13,400

accrued and unpaid interest as of September 30, 2023.

C) A secured note payable of $ 200,000 , secured by real estate and equity in

subsidiaries dated May 16, 2023, interest at an annual rate of 8 % simple interest and matures on December 10, 2023 .

For the nine months

ended September 30, 2023, the Company recorded interest expense of $ 5,800 .

There was $ 5,800 accrued and unpaid interest as of September

Secured note payable of $ 150,000 , secured by certain receipts and equity, dated January 31, 2024, interest at an annual rate of 8.0 %

simple interest.

For the three months ended March 31, 2024, the Company recorded interest expense of $ 2,000 .

There was $ 2,000 accrued

and unpaid interest as of March 31, 2024.

B) An unsecured note payable of $ 30,000 , dated March 27, 2024, interest at an annual rate

of 8 % simple interest and matures on May 31, 2024.

For the three months ended March 31, 2024, the Company recorded interest expense

of less than $ 100 .

There was less than $ 100 accrued and unpaid interest as of March 31, 2024.

C) An unsecured note payable of $ 37,400 ,

dated February 6, 2024, interest at an annual rate of 10 % interest and is payable in ten payments ending in November of 2024.

the three months ended March 31, 2024, the Company recorded interest expense of $ 400 .

There was $ 0 accrued and unpaid interest as

of March 31, 2024.

balance consists of $ 3,945,000 of secured notes, and $ 508,000 unsecured notes payable.

1 unchanged sentence

payable and accrued interest due to certain related parties are as follows:

SCHEDULE OF RELATED PARTIES NOTES PAYABLE AND ACCRUED INTEREST

September 30,

OF RELATED PARTIES NOTES PAYABLE AND ACCRUED INTEREST

Short term notes

3 unchanged sentences

Common Stock Transactions

the nine months ended September 30, 2023, no new equity transactions have occurred.

the three months ended March 31, 2024, no new equity transactions have occurred.

Common Stock Transactions

the nine months ended September 30, 2022, no new equity transactions have occurred.

the three months ended March 31, 2023, no new equity transactions have occurred.

Non-controlling

4 unchanged sentences

The non-controlling interest is reflected within stockholders’ equity on the condensed consolidated balance sheet.

13 – CUSTOMER CONCENTRATIONS

Company had sales from operations to three customers, for both the nine months ended September 30, 2023, and 2022 that surpassed

the 10% threshold of total revenue, respectively.

In total, these customers represented approximately 38 %

of our total sales, respectively.

The concentration of the Company’s business with a relatively small number of customers may

expose us to a material adverse effect if one or more of these large customers were to experience financial difficulty or were to

cease being customers for non-financial related issues.

13 – CUSTOMER CONCENTRATIONS (unaudited)

Company had sales from operations of two, and three customers, for the three months ended March 31, 2024, and 2023 that surpassed the

10% threshold of total revenue, respectively.

In total, these customers represented approximately 39 % and 68 % of our total sales, respectively.

The concentration of the Company’s business with a relatively small number of customers may expose us to a material adverse effect

if one or more of these large customers were to experience financial difficulty or were to cease being customers for non-financial related

14 – NET GAIN OR LOSS PER SHARE

6 unchanged sentences

would be anti-dilutive.

For nine months ended September 30, 2023, all potentially dilutive securities have been excluded from the diluted

share calculations because they were anti-dilutive as a result of the net losses incurred for the respective period, or were dilutive,

but the exercise prices were above the stock price for the entire period, deeming them not to be converted, or exercised during the period.

For three months ended March 31, 2024 and 2023, all potentially dilutive securities have been excluded from the

diluted share calculations because they were anti-dilutive as a result of the net losses incurred for the respective period, or were

dilutive, but the exercise prices were above the stock price for the entire period, deeming them not to be converted, or exercised during

Accordingly, basic shares equal diluted shares for all periods presented.

1 unchanged sentence

OF POTENTIALLY DILUTIVE SECURITIES

For the Nine Months Ended

September 30,

Three Months Ended March 31,

Convertible notes payable, including accrued interest

3 unchanged sentences

Company’s wholly owned subsidiary, SEM, LLC.

For the unaudited three and nine months ended September 30, 2023 and 2022, all operations

from SEMS have been reported as discontinued operations.

For the unaudited three months ended March 31, 2024 and 2023, all operations from

SEMS have been reported as discontinued operations.

following table presents the assets and liabilities associated with the discontinued operations of SEM:

SCHEDULE OF DISCONTINUED OPERATIONS

September 30,

OF DISCONTINUED OPERATIONS

Property and equipment, net

4 unchanged sentences

Total current liabilities

Long-term debt

Total liabilities held for sale

classes of line items constituting pretax income on discontinued operations:

the Nine Months ended

and administrative expenses

and related expenses

income (expense)

income (loss)

income (loss) from discontinued operations

$ ( 253,100 )

classes of line items constituting pretax income on discontinued operations (unaudited):

For the Three Months Ended

Services revenue

Services costs

General and administrative expenses

Other income (expense)

Gain on sale off assets held for sale

Total income (expense)

Operating income (loss)

Income tax benefit

Total income (loss) from discontinued operations

16 – SEGMENT INFORMATION AND MAJOR CUSTOMERS

7 unchanged sentences

All intercompany transactions have been eliminated.

information for the (unaudited) three and nine months ended September 30, 2023 and 2022 is as follows:

information for the (unaudited) three months ended March 31, 2024 and 2023 is as follows:

OF SEGMENT INFORMATION

Months ended September 30,

Environmental

and amortization (1)

income (loss) attributable to SEER common stockholders

expenditures (cash and noncash)

Environmental (1)

and amortization (1)

income (loss) attributable to SEER common stockholders

expenditures (cash and noncash)

Months Ended September 30,

Three Months Ended March 31,

Environmental

and amortization (1)

income (loss) attributable to SEER common stockholders

( 1,621,300 )

( 1,670,200 )

expenditures (cash and noncash)

Depreciation and amortization

Interest expense

Net income (loss) attributable to SEER common stockholders

Capital expenditures (cash and noncash)

Environmental

Solutions (1)

Depreciation and amortization (1)

1 unchanged sentence

Net income (loss) attributable to SEER common stockholders

( 1,425,200 )

( 1,509,300 )

Capital expenditures (cash and noncash)

3 unchanged sentences

(See Note 15)

NOTE 17 – SUBSEQUENT EVENTS

In April 2024, the Company received proceeds of $ 200,000

by issuing a secured promissory note, bearing interest at a rate of 8 % per annum, and maturing the receipt of the receipt of proceeds

from the billings of the kiln products the Company is contracted to construct.

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-Q

Item 1. Financial Statements